- CEO
- David Surette
- Full Time Employees
- 1
- Sector
- Utilities
- Industry
- Independent Power Producers
- Address
- 818 A1A North Ponte Vedra Beach FL United States of America
- IPO Date
- Sep 16, 2010
- Business
- Solar Park Initiatives, Inc. (SOPV) is a development-stage professional services and project development company focused on renewable energy through photovoltaic and solar thermal technologies. The company develops land in the United States and foreign markets for utility-scale solar photovoltaic projects, including solar parks directed at renewable distributed generation and specific application power solutions; it seeks host sites to build large-scale solar arrays under 20-year power purchase agreements with utilities, while providing energy savings to commercial and municipal users. Founded in 2008 and headquartered in Cary, North Carolina, with operations listed in Ponte Vedra Beach, Florida, the company targets the renewable electricity segment of the utilities industry. In a major historical shift, the company, formerly Critical Digital Data, Inc., acquired Solar Park Initiatives in July 2010 through a merger and reorganization, adopting its renewable energy business plan. It previously signed a letter of intent for up to a 1 gigawatt solar park in California and announced intentions to acquire Solar EOS and Maple Leaf Renewables Group Inc., though no confirmed recent partnerships, funding rounds, acquisitions, or new product launches within the last 1-2 years are publicly reported.